The
origin of the Stock Exchange dates back to the 17th century when dealers
met to buy and sell securities at the Royal
Exchange in Throgmorton Street. A group of brokers decided to
set up premises on their own at the corner of Threadneedle Street
and Sweetings Alley.
By the beginning of the 19th century larger premises were needed and
in 1802 a start was made in building a new Stock Exchange on a triangular
site between Threadneedle Street, Throgmorton Street and Old Broad
Street. The two chief functions carried out at the Stock Exchange
are the buying and selling of stocks and shares and raising the money
for new enterprises.
Rudolf
Ackermann, Stock Exchange, from Microcosm of London (1808)
(1)
William Pyne, The
Microcosm of London (1808)
The
Stock Exchange is a plain building with a stone front, except the
attic, which is of brick. It is an handsome, commodious, well-appropriated
room, of whose interior appearance, the print will be found to give
an accurate and characteristic representation.
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